Thailand Is Opening Up to Crypto, One Step Closer to ICO and STO

Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it will take appropriate legal…

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FPT Corporation and SBI Holdings Invest $3 Million in Vietnamese Blockchain Project

Technology company FPT Corporation and financial services firm SBI Holdings Inc have jointly invested $3 million in Vietnamese blockchain startup Utop, local English language daily news outlet Viet Nam News reported on April 19. FPT Corporation and SBI Holdings Inc have reportedly signed a memorandum of understanding (MoU) to invest $3 million in joint venture Utop, a technology startup based…

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South Korean Universities Partner to Create Blockchain Campus With In-House Crypto

Two South Korean universities will develop an entire Blockchain Campus with its own cryptocurrency, local English-language daily news outlet Business Korea reported on April 3. Yonsei University, which already has an active blockchain community, will partner with Pohang University of Science and Technology (Postech) for the initiative, which should launch in the second half of 2019. A dedicated research center, entrepreneurial program…

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IMF and World Bank Launches Private Blockchain-based Cryptocurrency

IMF and World Bank Launches Private Blockchain-based Cryptocurrency A number of financial institutions are known to be pessimistic about Bitcoin and even blockchain technology. Nonetheless, the International Monetary Fund (IMF) and World Bank, two of the largest international financial institution have launched a quasi-cryptocurrency that is based on a private blockchain, according to a recent…

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Firefox Is Now Blocks Web-Based Cryptojacking

Major open-source browser Mozilla Firefox has launched new protections against crypto miningmalware in its new browser versions, according to a blog post published on April 9. In its latest Firefox Nightly 68 and Beta 67 versions, Mozilla has enabled a new level of protection against crypto mining and fingerprinting hack attacks in a part of the browser’s Content Blocking suite of protections. The…

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Gibraltar Stock Exchange Launches Listings of Blockchain-Based Securities

The Gibraltar Stock Exchange (GSX) is launching listings of blockchain-powered securities on its practical listing venue GSX Global Market, the firm announced on April 9. Today, the GSX starts listing a number of new products known as digital, smart or tokenizedsecurities such as corporate bonds, convertible bonds, asset-backed securities, derivative securities, open-ended funds and closed-ended funds, the announcement says. By applying…

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Russian Social Media Giant VK Launches ‘Mineable’ VK Coin

Russian social media giant Vkontakte (VK) has launched an internal currency, VK Coin, that can be “mined,” local state-owned media outlet Tass reported on April 1. The move follows recent reports this week that VK was launching a bespoke cryptocurrency. The official information provided on VK Coin, however, does not indicate that the coin is based on blockchain technology. It does,…

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Blockchain fridge to reduce the unnecessary waste of energy

Austria’s largest energy provider, Wien Energie, has developed a blockchain-driven fridge in partnership with tech giant Bosch, Cointelegraph’s correspondent reported from the ANON Blockchain Summit Austria. Wien Energie presented the new model during the crypto conference in Vienna on April 3. The official release claims that the decentralized technology is used in the construction of a refrigerator for the first time. The main…

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Pakistan’s Central Bank Aims to Issue Its Own Digital Currency by 2025

Jameel Ahmad, the deputy governor of the State Bank of Pakistan (SBP), the nation’s central bank, declared that the institution aims to issue a digital currency by 2025, Pakistani YouTube news channel Public News reported on April 1. English-language local media Dawn also reported today that Asad Umar, Pakistan’s finance minister, prompted the official’s statement during a ceremony celebrating the launch of Electronic Money…

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